15th Jan, 2022

15th Jan, 2022

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2023 will be a chaotic year for martech - Scott Brinker

The martech companies that will struggle the most are those that have taken a ton of VC money to put breakthrough growth over profitability — but they have not achieved such high-velocity and sustainable growth yet. To survive, they must reorient to profitability. But they must do so while offering clear value to their customers, at a competitive price point, with at least some axis of meaningful differentiation. Continue Reading >>>

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Salesforce starts 2023 with 10% layoffs

CRN breaks down the five important pieces that led up to Salesforce massive layoffs, which will see over 7,000 Salesforce employees terminated. The reasons are:

  1. Salesforce Grew Headcount By 32 Percent From October 2021 to October 2022
  2. Salesforce Only Grows 14 Percent In Latest Earnings while Salesforce operating expenses increased dramatically during 2022.
  3. Salesforce has not realized the benefits of operating leverage over the last several years, and the Company has generated significantly lower incremental margins than peers” Oracle, Microsoft, Adobe, Intuit, SAP, Workday and ServiceNow, according to Starboard
  4. After only one year into his role of Salesforce’s co-CEO, Bret Taylor abruptly announced his resignation in November.
  5. Stewart Butterfield (CEO Slack ), Mark Nelson (CEO Tableau ) and other top Execs Leave.

Read the article for more details >>>

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Building a great B2B marketing function aligned with different stages of buyer journey - ???? Andrei Zinkevich ( FullFunnel.io )

Interesting and updated post by ???? Andrei Zinkevich in which 5 important areas are highlighted. They are:

  1. GTM Strategy
  2. Customer Research
  3. Buying Journey
  4. Key Marketing Programs
  5. Roles and skill-set

Continue reading the post here >>>

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2023 Mobile Messaging forecast - Customer.io

Read the article to understand the following "Top 3 Trends "

Trend #1: Brands are experimenting more with in-app messaging

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Trend #2: Brands are adopting more low-code and no-code tools?

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Trend #3: Brands are shifting to omnichannel marketing that combines email and mobile messages

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Loyalty in a Data Privacy-Centric World - Martechvibe

Forrester, a research and advisory company, coined the term?zero-party data ?to speak about data shared voluntarily by customers with the brands. When brands collect first-party data by tracking customer interactions and behaviours on their website, they build first-party data assets. Customers are not openly disclosing information about their every move, so marketers and customer experience experts are tasked to observe and predict customer behaviours. In the case of zero-party data, there is no room for inference.

Zero-party data consists of loyalty programme memberships, data collected from interactive quizzes and game responses, preference data, and purchase intentions shared by customers.

Marketers refer to zero-party data as a gold mine as it is definitive and trustworthy. While dealing with zero-party data, brands have to trust what customers are sharing with them. Using this data, brands can directly access customer intentions. This data is not collected by keeping customers in the dark.

Continue Reading >>>

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Data Clean Rooms - The Wall Street Journal

Known as data “clean rooms,” these secure, cloud-based solutions are designed to allow companies to integrate customer information without exchanging personally identifiable information, in compliance with modern data privacy regulations. As the technology evolves, brands, agencies, media companies, and tech platforms are racing to create or implement their own data clean room solutions. In this environment, ecosystem players can position themselves for success by taking a proactive and strategic approach to adopting clean room tech, processes, and talent—while staying mindful of marketplace trends, including increased demand for more granular attribution and measurement.

Continue Reading >>>

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2022 in Review

Check out following posts by various companies on what they delivered in 2022 and how are they seeing 2023

Klaviyo - Launched 130 new features in 2022 [Read here ]

MoEngage - Year of growth and transformation [Read here ]

Customer.io - 21 meetups across the globe [Read here ]

CleverTap - More work done on Clevertap university [Read here ]. For Recap [Read here ]

WebEngage - New features and enchancements (in addition to Retention Power List [Read here ]

No recap published Braze ; Intuit Mailchimp ; Bloomreach ; HubSpot ; Salesforce ; Twilio

Upcoming Events

Virtual Superclass January 2023 ( Twilio )

Superclass is designed to put YOU in control of what and how you learn during this time. As part of Superclass you’ll experience:

- Code-driven, interactive discussions ??

- Hands-on exercises with Twilio APIs ??

- 1:1 access to Twilio experts to ask your own questions ??

Attend the event >>>

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#Growthmixer2023 - Kuwait ( MoEngage )

#GROWTH is an invite-only, exclusive community aimed at fostering growth & sharing new insights for growth marketers, product owners, entrepreneurs & CRM/analytics professionals from consumer brands. The focus of the community is on sharing the latest insights related to driving customer engagement, retention, loyalty and growing customer LTV.

3 days left to "Request a Seat" >>>

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